Affordable

|Tag: Affordable

Love Funding Secures Financing for an Affordable, Age-Restricted Community

St. Peter Manor

Love Funding Closes $12.7 Million Acquisition Loan for Affordable, Age-Restricted Community in Memphis, TN

Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $12.7 million loan to be used for the acquisition and renovation of St. Peter Manor, an age-restricted community in Memphis, TN. (more…)

2019-10-18T06:37:59+00:00Love Funding News|

Love Funding Provides Financing for Affordable Communities in Michigan

501 Eastern Stockbridge

Love Funding Secures $7.2 Million Loan for Construction of Two Affordable Communities in Michigan

Love Funding, one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of $7.2 million in loans for the construction of 501 Eastern and Stockbridge Apartments, two affordable communities in Grand Rapids, MI. (more…)

2019-10-06T07:01:28+00:00Love Funding News|

All About RAD

Congress authorized the Rental Assistance Demonstration (RAD) program to address the daunting backlog of capital repairs in the nation’s public housing stock and to stem the loss of affordable units. PHAs can now use RAD Component I to access private debt and equity to fund repairs and stabilize properties. In March, Congress expanded eligibility requirements under the RAD program and raised the unit cap.

(more…)

2018-12-11T14:57:42+00:00Resources|
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